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Colonial South

427 South Main Street, Asheboro NC 27203

SOLD FOR $ 1,500,000

Colonial South

427 South Main Street, Asheboro NC 27203
IMG_4241b
Asset Type
Garden Apartments
Date Sold
February 13, 2026
Price
$ 1,500,000
Per Unit
$ 75,000
Total Units
20
Year Built
1979
Market
Greater Triad

Highlights

APARTMENT CORE successfully closed the sale of a 20-unit multifamily property in Asheboro, North Carolina
National marketing campaign attracted a well-qualified buyer
Achieved $75k per unit in a smaller tertiary market
Closed at $1.5M in 74 days from Contract Date
If you're thinking about selling, give us a call at 919-861-9730 to discuss how we can maximize your sale!

Location

Contact

TeamMembers-WayneBraren-Color-340x340

Wayne Braren

  • Co-Founder
  • Apartment Core
919-861-9730
Wayne@ApartmentCore.com
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TeamMembers-MikeSiciliano-Color-340x340

Mike Siciliano

  • Co-Founder
  • Apartment Core
919-861-9730
Mike@ApartmentCore.com
Send Email
View Bio
Headshots-JustinReilly-Color-340x340

Justin Reilly

  • Investment Broker
  • N Carolina
919-861-9730
Justin@ApartmentCore.com
Send Email
View Bio

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